Day: February 5, 2024

Warning! Scammers Are Pretending to Be CoinDesk Journalists on Social Media

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of…

Chainlink (LINK) Price Breaks Out Of Bullish Flag Pole, Here’s The Next Target

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The Chainlink (LINK) price has been on an impressive rally over the last week that has brought its price to new yearly highs. As LINK bulls continue to hold firmly above the $18 support, the emergence of this bullish rally has continued to signal that the price surge is far from over. Crypto Analyst Says Chainlink Bullish Flag Has Been Broken In an analysis posted on the TradingView website, crypto analyst CobraVanguard explains why the Chainlink price is currently very bullish. According to the analyst, despite the altcoin showing very…

How to protect your digital currency

More and more banks have been giving the green light to cryptocurrency. What exactly do these banks offer customers, and how can they decide which is the right bank for them? In our current dynamic financial era, the emergence of crypto-friendly banks was likely inevitable but has still been very welcome, particularly among crypto enthusiasts. These banks are helping redefine how digital assets are handled, serving as conduits between traditional economic systems and the growing world of cryptocurrencies. They simplify the management and growth of digital currencies, making them more…

Crypto Analysts Outline 3 Key Drivers For Price

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Ethereum (ETH), the second largest cryptocurrency asset, is anticipated by several well-known analysts in the crypto industry to undergo a price surge in the upcoming months as the market is seeing a wave of bullish momentum. Ethereum Poised To Go Parabolic In The Upcoming Months Altcoin Daily crypto analysts have revealed three major factors that could propel the price of Ethereum in the coming months. The analysts shared their optimistic insights for ETH in a recent episode – “Ethereum price is still ready to explode” on YouTube. According to the…

Web Registry GoDaddy, Ethereum Name Service Connect Domain Names With Crypto Wallets

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FTX Seeks to Sell 8% Stake in AI Startup Anthropic

Setting up the sales procedures now will let the estate “coordinate the most optimal and appropriate time for the sale of Anthropic Shares in conjunction with Anthropic’s capital raising efforts” and maximize the value of the estate “for the benefit of all stakeholders” Friday’s filing said. Source

Bitcoin Hovers Over $43K, Chainlink Extends Rally

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Bitcoin (BTC) traded little changed, hovering just over $43,000 on Monday, while altcoins gained. Chainlink’s CHAIN has added 7% over the past 24 hours after surging to a 22-month high Friday, ending a three-month bull breather for the token of the leading decentralized oracle network. “Traditional financial institutions need data, compute, and cross-chain capabilities to adopt blockchains and tokenized RWAs at scale. Only the Chainlink platform provides all three,” Chainlink said on X last week. Also advancing was Flare Network: The EMV-compatible layer 1’s FLR token rose just under 7%.…

XRP Price Retreats To $0.50 As Whale Unloads 30M Tokens

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The recent surge in activity from a prominent XRP holder, colloquially known as a “whale,” has reverberated across the cryptocurrency market, eliciting a heightened sense of speculation and uncertainty. This substantial player’s maneuvers within the XRP ecosystem have sparked a cascade of reactions, prompting both seasoned investors and casual observers to scrutinize and ponder the potential implications for the future trajectory of the Ripple-backed token. Large Transfer Raises Eyebrows According to blockchain tracking platform Whale Alert, a significant transaction involving 29 million XRP, worth roughly $14.72 million, occurred earlier today.…